Are You Diversified?

The bull is back, Cramer said. But that doesn’t mean you can afford to leave your bases uncovered.

Bob has two-of-a-kind…twice! Apple and Research in Motion are both great companies, but they’re both tech. Schlumberger and Noble are both oil services, too. Cramer would throw out the NE and (reluctantly) the AAPL. He advised Bob to pick up a defense play and a financial now that “the Fed be easin’.”

This portfolio is too risky for Cramer. U.S. Gold, L-1 Identity and Fuel-Tech are all speculation plays, and that won’t do, he said.